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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

It’s nearly impossible to get a services company financed by VCs. It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. Angel financing – just because VCs won’t back this kind of business doesn’t mean angels won’t.

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Knowledge Is Power: Convertible Note Financing Terms, Part V

Gust

Common examples include papering founders’ stock issuances, catching up on Board minutes, and ensuring that all members of the team have entered into IP agreements with the company assigning rights in their work to the startup.

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